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Dogecoin(DOGE)Price Action Potential in 2025 $0.82, $1.11or $24?As of January 22, 2025, Dogecoin (DOGE) is trading around $0.38, showing signs of strong market interest. The recent price action reflects DOGE's resilience in the current market environment. Let's analyze its potential: Key Highlights: (1) Current Price Movement: 🟢 Trading Range: $0.3368 (low) - $0.3969 (high) 🟢 Daily Change: +2.67% (2) Recent Developments: Elon Musk’s involvement as head of the Department of Government Efficiency (DOGE) has significantly boosted investor confidence, resulting in an 88% price increase post-announcement. Price Predictions: 🟢 Short-Term Potential (Ali Martinez Analysis): If DOGE holds above $0.37, it could rally to $0.82, a 120% upside. 🟢 Mid-Term Projections (CoinCodex): Machine-learning models estimate DOGE could hit $1.11 by April 2025, marking a potential 200% gain. 🟢 Long-Term Speculation (Social Media Analyst): Some projections, though highly speculative, suggest DOGE could reach $24, contingent on significant market shifts. Market Sentiment & Risks: While optimism is high, the cryptocurrency market is inherently volatile. Key factors to watch include: 🟢 Regulatory changes impacting broader crypto adoption. 🟢 Macroeconomic trends like inflation and monetary policies. 🟢 Technological developments influencing DOGE’s utility and scalability. Conclusion: Dogecoin’s price action remains promising, but caution is advised. Always research thoroughly and assess your risk tolerance before making investment decisions. Study Source URLs: (1) Elon Musk's Appointment Impact: The Times - Will Dogecoin Price Be Boosted by Elon Musk’s New Job? (2) Ali Martinez Analysis: Blockonomi - DOGE Price Analysis: Key Indicators Point to Possible 120% Upside for Dogecoin (3) Mid-Term CoinCodex Prediction: The Tribune - Bullish Signals Indicate Dogecoin Could Hit $5, Say Crypto Experts (4) Long-Term Speculation: The Financial Analyst - Analyst Predicts Dogecoin Could Soar to $24, Sparking Community Buzz Feel free to share your thoughts and charts in the comments! 🚀
CRYPTO:DOGEUSDLong
by TMAX39
"Dynamic Trendline Theater" "Pivot ray trend lines illuminate the direction of price movement, with the skull marking the exact spot where spoofing was initiated. Bold red horizontal rectangles represent my custom pivot zones, perfectly aligned with my VWAP and custom candlestick patterns. The three red arrows strategically highlight potential points where the price might begin its ascent, carving a pathway upward from the trendline rays like a rocket waiting to be launched. Pay close attention to the trendline rays—they’re not just lines; they’re pathways with purpose. Watch how the price dances in waves, teasing upward progress, only to drop back down, retracing its steps along these pivotal pathways. The story unfolds in waves, and the price will reveal its intentions as it navigates these mapped-out trajectories." I’ve laid a copy over the original chart, so please ignore the dates from the original chart. The prices are nearly aligned, so the focus should remain on the overall analysis rather than specific dates. For Viewing the Chart Copy Clearly (with Dates and Prices, if needed): • On Mobile Devices: Rotate your screen horizontally and use a browser to view the chart. This will allow you to move the copy around for better visibility. • On PC or Laptop: You can manually adjust the overlay by dragging it to explore the chart in greater detail. Chart Compression: The copied chart may appear slightly compressed, but it is closely aligned with the original chart in terms of price structure. Any minor discrepancies in alignment should not affect the overall analysis. This idea is intended to highlight patterns and provide insights, not to pinpoint exact dates or price levels. Use these visuals as part of a broader, flexible strategy rather than fixed predictions or outcomes. "Climbing the Grid BTC Edition"
COINBASE:BTCUSDShort
by The_ForexX_Mindset
16
"Roll the Clip: The Sentiment Trap" Let’s make this clear: this idea does not target a short position. While the exact timing of the next fall remains unconfirmed, I’ve outlined a potential movement starting from the yellow arrow at the $108K zone, extending downward to the gap area. The price could settle anywhere between $73,653 and $88,965, leaving the end result uncertain. This chart is based on a 2-week timeframe. I will later create ideas on shorter timeframes to provide a more detailed breakdown of price movements. My auto trendlines will populate with plots that map out the trajectory of the price. As of now, this idea is about 25% complete, and the full story will unfold across subsequent ideas. Sharing everything here would only clutter the analysis. Key Observations from This Idea: The Triangles (Space Patterns): The first white triangle represents the "space" formed during the broadcasting of the second wave. The second white triangle reveals a similar space being formed, indicating that at some point, the price may need to revisit and fill this area space, just as it did with the first space. The gap reads like a magnet. Custom Wicks and Trendlines: My custom wicks display a clear relationship with the trendlines. While traditional wicks may suggest room for further uptrend, my analysis shows that the cycle from the previous All-Time High (ATH) has completed. ADX and +DI Movement: Pay attention to the ADX and +DI. When both move in the same direction, it signifies bullish momentum. This suggests that despite any bearish sentiment during price declines, Bitcoin is likely gearing up for another wave surpassing the $108K mark. The green arrow pinpoints where the $108K target was filled. From the bottom of the lime rectangle to its end, +DI began its journey to a new ATH. During this phase, ADX initially did not align with +DI, creating a bearish outlook in technical analysis. This misalignment triggered global fears of a Bitcoin crash, which played right into the hands of smart money. Prices were subsequently driven upward. Crucial Insights: As ADX and +DI now align in the same bullish direction, we must remain cautious. While this alignment reflects the reality of technical analysis (TA) and suggests Bitcoin's upward trajectory, it’s crucial to recognize the psychological play at hand. Smart money understands that traders will become increasingly bullish due to this signal, which could lead to dangerous overconfidence. When the herd leans too heavily on bullish sentiment, smart money often "rolls the clip" in the opposite direction—toward bearish moves. Why the ADX and +DI Alignment Matters: This alignment occurred because Bitcoin was already in motion, and this momentum couldn’t be artificially manipulated—it’s simply how the technicals unfolded. However, this doesn’t mean we should disregard the possibility of a strategic reversal driven by market psychology. Next Steps: I will shift my focus to shorter timeframes in my next idea to provide a clearer view of price movements. These shorter timeframes will help refine the analysis and illustrate the potential trajectory with greater precision. Stay tuned as I continue to unravel the full picture in the upcoming ideas. Each piece will add depth to the narrative and enhance our understanding of Bitcoin’s price dynamics.
COINBASE:BTCUSDShort
by The_ForexX_Mindset
6
"Climbing the Grid: BTC Edition" In this chart, the trendlines are drawn to represent key areas of support and resistance based on price action over time. Here’s how to explain them in simple terms: 1. **Green Trendlines (Support)**: - These lines are drawn underneath the candlesticks. They show areas where the price found support and moved higher after touching or approaching the line. - The lower green horizontal line at **89,061.47** represents a strong historical support level, meaning the price previously stopped falling and reversed upward from this area. 2. **Red Trendlines (Resistance)**: - These lines are drawn above the candlesticks. They represent levels where the price struggled to go higher and reversed downward. - The upward-sloping red trendline represents a resistance trend where the price is being pushed lower whenever it approaches the line. 3. **Blue Trendline (Broader Trend)**: - This trendline connects major swing lows over a longer timeframe, showing the general upward momentum of the market. - It's more of a macro-level line, indicating the long-term bullish direction. 4. **White Trendlines (Neutral or Structural)**: - These lines form part of the structure, connecting minor pivot points or angles within the trend. - They give additional context but may not hold as strong as the green and red lines. 5. **Breakout Point (Highlighted with an Arrow)**: - The red arrow points to an area where the price attempted to break through a resistance level and succeeded, confirming a breakout. - After breaking past, the price is now approaching **105,346.97**, which could act as a new resistance or continuation level. In essence: - **Support lines**: Where the price bounces up. - **Resistance lines**: Where the price gets rejected. - The interactions between these lines help predict where the price might go next. - Bull Flag scenario is likely to unfold
COINBASE:BTCUSD
by The_ForexX_Mindset
8
Harmonic Fibonacci Map (Risk Management) From the visual appearance of this harmonic pattern, it most closely resembles a Gartley pattern due to the following key characteristics: 1. **AB Retracement of XA:** - In a Gartley pattern, the AB leg usually retraces about 61.8% of the XA leg. My AB leg seems to align with this. 2. **BC Extension:** - The BC leg in a Gartley often extends between 38.2% and 88.6% of AB. My chart appears to fit this range. 3. **CD Projection:** - The CD leg typically ends around 78.6% of the XA retracement in a Gartley. Based on the harmonic completion zone, this seems plausible. Why not a Bat or Crab? - **Bat Pattern:** The Bat requires a deeper retracement of the XA leg (88.6%) for Point D, which my pattern does not seem to meet. - **Crab Pattern:** The Crab involves an extended CD leg, usually reaching 161.8% of XA or beyond. My CD leg looks more moderate, aligning better with the Gartley. This is the drop so far, and its outcome depends on how high Bitcoin moves next. Minor corrections could improve the price, and don’t overlook the significance of BTC.D. This idea shouldn’t be ignored. It’s tailored for short-term traders—take it as an opportunity, not for granted. Use it to compare with your own analysis; you might uncover insights aligned with what I’ve already warned is likely to happen. Any professional trader understands that Bitcoin is due for a correction after such an unnatural spike and I'm not a professional trader, it's what I've learned and applied to myself. Currently, retail traders are caught up in the hype. We need to wait for this hype-driven bait to subside. In the meantime, we'll observe how altcoins respond.
COINBASE:BTCUSDShort
by The_ForexX_Mindset
30
NASDAQ, all sell signals are about to alignThe Nasdaq is currently showing sell signals on the 60-minute, 120-minute, and 240-minute charts, indicating a high possibility of further decline. If a bearish candle forms on the 240-minute chart as well, the sell signal will be confirmed, making additional price drops inevitable. The direction of the candles is expected to be determined in about 2 hours, and if the price falls, there could be a strong downward shockwave breaking below 21,500, so caution is advised. On the daily chart, the price is still supported by the 5-day moving average, so it may temporarily appear to rise. However, a clear buy signal has not yet appeared, and the price is likely to test the lower support level around 21,000, potentially forming a double bottom. Aggressive chasing of a buy position is not recommended at this point; it would be more advantageous to sell at the highs. The key support level for buying is projected to be 21,570. If this level is breached, buying from the lower range would be the most favorable strategy. It is unlikely that a significant upward surge in buying will occur today, so it is better to focus on selling during any price increases.
CME_MINI:NQ1!Short
by Futureguard
3 Must-Know Chart Patterns to Spot Winning Trades!Morning Trading Family Understanding chart patterns is super important for trading success! In this video, I’ll walk you through the top 3 patterns every trader should know: Head and Shoulders, Double Top/Bottom, and Bullish/Bearish Flags. I’ll show you how to spot them, when to jump into a trade, and how to manage your risk. Whether you’re trading stocks, forex, or crypto, these patterns can make a big difference. We’ll even look at live charts together to keep it simple. Let me know in the comments which pattern is your favorite! Kris/Mindbloome Exchange Trade What You See
FX:XAUUSDEducation
by Mindbloome-Trading
1
Gold price analysis according to trendline and Fibonacci🔆 Gold prices have risen significantly following the inauguration of US President Donald Trump. 🔆 The increase is attributed to a weaker US dollar as markets assess the impact of economic policies during President Trump's second term. The US dollar fell about 1% after reports that any new taxes would be "moderate". The weakening of the US dollar makes gold more attractive to foreign investors. 🔆 Some of President Trump's policies could lead to higher inflation in the long term, which would continue to support safe-haven assets such as gold. 🔆 However, it is important to note that President Trump's policies, while likely to boost inflation, could also prompt the US Federal Reserve to maintain or raise interest rates, affecting the appeal of gold. Gold typically thrives in a low-interest-rate environment. 🔆 Overall, gold prices are reacting positively to current political and economic developments, especially the new administration's trade and fiscal policies. 🔆Analysis: Based on Fibonacci, Trendline, resistance - support zones to come up with a reasonable method 🔆Price Zone Setup: 👉 Buy XAU 2700 – 2702 ❌SL: 2695 | ✅TP: 2708 - 2716 – 2724 👉SELL XAU 2740-2742 ❌SL: 2746 | ✅TP: 2735 - 2729 - 2720 Thank you for reading my comment: "FM"
OANDA:XAUUSDLong
by FM-ForexMastermind
Some Hints for investing; #BTCUSD-- Caution: I do not believe in trading. Not only do I find it useless, but I strongly urge you not to lose your capital in the trading game. This war has only one winner and that is not you as retail traders. What causes capital growth in financial markets is the focus on investment, persistence in it and the use of compound interest. So, what I am giving you on this page will help you invest and trade in the right markets. At the same time, financial markets are full of risks. If you like gambling, the best place for you is the casino. Three paths for Bitcoin are shown in the chart in daily timeframe. The best opportunities are numbers 2 and 3. But consider that the price encounter with the lower edge of the descending channel should be considered as a buying opportunity.
BITSTAMP:BTCUSD
by FarshidEMPTRD
Unlock Your Trading Potential: How to Design the Perfect Trading Morning Trading Family Ever wonder how the pros keep getting better? It's all about the journal! Join me in this video where I spill the beans on setting up your own trading journal that'll skyrocket your learning curve. We'll go through how to record each trade like a pro, capturing not just the when and where, but the why. I'll share simple methods to make your journal entries meaningful and insightful. Check out a real-life example from my journal, where I share not just the trades but the feelings behind them. Learn to spot the patterns in your trading - the good, the bad, and the ugly. Whether you're just starting out or you've been trading for years, this video is your roadmap to personal growth in the trading world. I'll show you how a few minutes each day can transform your trading strategy. Drop your thoughts, questions, or your own journaling hacks in the comments! Kris/Mindbloome Exchange Trade What You See
FX:XAUUSDEducation
by Mindbloome-Trading